Annual percentage rate (APR) is the rate your loan will accrue interest at over the repayment term. See how APR works on a mortgage and why it’s important.

There are many mortgage terms to understand when you embark on the home buying process. Learn what these common mortgage terms mean.

Appraisals and inspections are critical steps in the home buying process. Learn how to identify the key differences in appraisals versus inspections.

A mortgage note is a legal document that defines the terms of the loan for the borrower and lender. Learn more about mortgage notes and why they’re important.

A par rate is a rate charged to a borrower based on DTI and other factors. It doesn’t include discount points or other adjustments. Read on to learn more.

Mortgage forbearance allows you to pause payments on a mortgage. Read on to learn about how forbearance works and whether it’s right for you.

A mortgage amortization schedule shows a breakdown of your monthly mortgage payment over time. Figure out how to calculate your mortgage amortization.

Interested in shortening the life of your mortgage loan? Consider how a mortgage curtailment could benefit you in reducing your debt.

Learn how mortgage and finance regulatory agencies use the Nationwide Mortgage Licensing System (NMLS) to maintain national licensing requirements.

What is a good debt-to-income ratio and why does it matter when getting a mortgage loan? Explore the details to help get the best loan terms possible. 

A Verified Approval Letter shows the seller that your offer should be taken seriously. Learn how a VAL can be an advantage that gets your home offer accepted.

When you get a mortgage, you pay your lender interest based on your mortgage rate. Learn what a mortgage rate is, what determines it and how to get a good one.    

Not ready to buy your next home, yet tired of renting? You have other options available. Read further to understand the key components of leasing a house.

Mortgage default can occur if you stop making payments, and it can lead to foreclosure. See how to avoid delinquency and what to do with a mortgage in default.

Getting a mortgage commitment letter is an important first step in the home buying process. Read on to find out how you can get a loan commitment letter.

Mortgage fraud occurs when someone lies or omits information to get loan approval or favorable loan conditions. Learn about different types of mortgage fraud.